Foreclousre Filings UP 9% first quarter

Foreclosure filings — default notices, auction sale notices and bank repossessions — were reported on 803,489 properties in the first quarter, a 9 percent increase compared with the fourth quarter of 2009 and an increase of nearly 24 percent from the first quarter of 2008, according to a RealtyTrac® report. One in every 159 U.S. [...]

Are you stingy or frugal?

Liz Pulliam Weston has some good ideas on whether you are a stingy or a frugal person. There is a difference. Check her ideas here.

So you think you know loan Mods?

Read this article for information on Loan Modifications and how your government is planning to help your fellow citizens. http://mandelman.newsvine.com/_news/2009/04/06/2649424-what-i-now-know-about-the-foreclosure-crisis-loan-modifications?groupId=87
You should sleep well tonight now.

Is there hope in stopping foreclosure?

Well is there hope for homeowners who owe more on their homes than what they are worth? Yes there is always hope! See what Reuters has to say: http://www.reuters.com/article/GCA-Economy/idUSN2441697520090424
Me I still don’t see foreclosures and short sales dropping any time soon. We still has unemployment, no new jobs, and lack of new immigration [...]

Fed’s Loan Mod New Website

HOPE NOW applications available online Troubled borrowers hoping to participate in the Obama administration’s mortgage modification and refinancing programs now can apply online for help from their mortgage servicer. Borrowers can submit details about their financial situation at www.HopeNow.com, the Web site operated by the coalition of mortgage servicers and nonprofit counselors.
The online application [...]